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ADB approves $500mn loan to Pakistan

ISLAMABAD: The Asian Development Bank has approved a loan of $500 million for Pakistan today.
Minister for Economic Affairs Hammad Azhar announced it on social media, he tweeted:

In another tweet on the same matter, the minister said:

The ADB has planned to provide 2.1 billion dollars fund to Pakistan for the current fiscal year 2019-20.
Pakistan has recently entered into a three-year loan programme with the International Monetary Fund.
The IMF will be giving $6 billion to Pakistan over the next three years. It has already dispatched the first $1 billion.
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